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How Millennials Are Propelling Halloween To New Retail Heights

PYMNTS

That growth appears to be driven by millennials, with responses to a recent Citibank poll indicating survey participants between the ages of 18 and 36 expect to spend 2.5 Increased millennial spending comes despite the fact that the demographic is the one that most needs to save money, CitiBank noted in the article. billion, up 8.3

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Reseller Market Maintains Momentum With Nordstrom’s Entry

PYMNTS

It also manages resale programs for Arc’teryx, Eileen Fisher, Patagonia, REI and Taylor Stitch. According to “The State of Consumer Spending: Gen Z Shoppers Demand Sustainable Retail” from FirstInsight , 62 percent of Generation Z survey participants prefer to buy from sustainable brands, on par with millennials.

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How Digital Platforms Tackle Luxury Travel Reservations, Payments

PYMNTS

But many luxury trips can run aground without effective and innovative payment solutions to help travelers meet and manage associated costs. The platform, however, also has some city listings, like a cottage in the vicinity of London’s Kensington Palace and a Los Angeles French country-style mansion.

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Would You Buy (And Pay) For A Car From A Mobile App?

PYMNTS

Car-shopping app Fair was launched in Los Angeles in September by Scott Painter, Fair founder and former CEO of TrueCar, with plans to expand to more markets in 2018. The millennial factor. Fair’s phone-first approach to vehicle shopping was designed for millennials, he explained. percent compared to the 12.09

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Retail Pulse: IKEA To Open ‘Planning Studio’ In NYC; Pizza Hut Will Acquire QuikOrder

PYMNTS

Country Manager Lars Petersson said, “We recognize that we are in a rapidly changing retail environment, and to be fit for long-term growth, IKEA is transforming in a way that lets us meet our customers where they are.” Already, the retailer has opened a Planning Studio across the pond in London in October.

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12 Industries Experts Say Millennials Are Killing — And Why They’re Wrong

CB Insights

Every few weeks, another story about the dreaded generation surfaces: millennials are killing casual dining; millennials are killing breakfast cereal; millennials are killing home ownership. Millennials aren’t shunning luxury goods; they’re just renting them instead of buying. Millennials are in debt.

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Ripple Effects: Mobile Payments Are Just The Beginning

PYMNTS

According to CMO and the 2015 Adobe Mobile Consumer Report , the “mobile elite” — those who want to lead a mobile-first lifestyle, such as millennials and Gen Xers — want to conduct their banking and finances on mobile, book travel on mobile and engage in eCommerce on mobile sites. Well, probably not.

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